Category: XOM

Will ExxonMobil Cut Healthcare Benefits?

As a recruiter I’m often asked about benefit packages offered by certain companies.  Over the last year many Fortune 500 companies have made substantive changes to employees’ benefits with most of the changes hurting the workers. We’ve seen many large corporations choose to cut employee benefits whether that be pension, 401(k), or healthcare. Verizon created

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Should ExxonMobil have Provided a Warn Notice to Employees Before Layoffs?

Back in late February and early March corporations in many industries were blindsided by the Coronavirus pandemic and its impact on their bottom line. Companies in the oil & gas sector took on dramatic losses as the demand for oil plummeted. Several Oil Giants elected to lay people off in an attempt to combat significant

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Will ExxonMobil Cut its Dividend in January?

Darren Woods, ExxonMobil’s Chief Executive Officer, said in a recent town hall “These are difficult times.” Many people would consider this an understatement. It’s difficult to describe the devastating impact of the pandemic on businesses big and small, in every community and country around the world. The impact has been especially severe on the energy

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10 Things You Need to do Before Leaving ExxonMobil’s Payroll

As a recruiter my clients ask me all the time for tips on how to stay afloat while you’re in-between jobs. However, I’ve noticed people don’t often know what steps to take before they leave their current job. Here are a few suggestions of things to do before leaving ExxonMobil. 1- Before you lose your job,

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Read the TRG Retirement Guide for ExxonMobil Employees

As a recruiter it is my job to put my clients in the best position possible for them to succeed. Most of the time this simply means finding a company with an employment opportunity that fits their needs. However, my clients often ask me about other factors, like their 401(k), pension plan, benefits package and

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7 Items to Consider Before Leaving ExxonMobil

Retiring or worse, losing your job is a grandiose moment. Your mind is racing and you simply just don’t know how to operate. Loss of a job, especially for those with over 20 years of service,  affects the same receptors in the brain as loss of a loved one. You have been connected with ExxonMobil

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What you need to know about your XOM 401(k) Plan

XOM 401(k) Savings Plan Employees are encouraged to enroll in a 401(k) savings plan right away. You may invest on a before-tax and/or an after-tax basis (regular or Roth) and choose out of seven investment options, with varying degrees of risk. You can also roll over pre-tax and Roth amounts from other eligible plans. Your

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